By Justin Turner CIM, DMS®, CFP®
Emerging markets rebounded
strongly this week after experiencing a slow start to 2014 as investors seem to
be less concerned with the Fed or with growth in China and have started to see
opportunity in heavily oversold emerging market stocks. Most emerging
market indices have enjoyed gains between 5 and 10 percent over the past week
alone. In contrast, North American markets have continued to move
sideways as investors have sought opportunities elsewhere.
It would not be a surprise to
see the rest of 2014 be a good one for emerging markets as well as commodity
driven markets such as Canada. The US market may continue to perform
well, but perhaps at a more moderate pace
than what we have seen over the last 5 years.
